What are Centene's profit margins?

Centene (CNC) runs a 98.7% gross margin and a -3.7% operating margin, with a -3.3% net margin.

Where do Centene's ratios come from?

Every ratio is computed from Centene's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Centene CNC Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	98.7%+0.3pp	98.6%+0.3pp	98.6%+0.4pp	98.5%+0.5pp	98.4%+0.5pp
Operating margin	-3.7%-5.8pp	-3.9%-5.9pp	-3.1%-4.9pp	1.1%-0.9pp	2.1%+0.2pp
Net margin	-3.3%-5.3pp	-3.4%-5.5pp	-2.8%-4.7pp	1.2%-0.6pp	2%+0.3pp
Returns
Return on equity	-26.1%-38.7pp	-28.8%-41.4pp	-21.9%-33.6pp	7.5%-3.1pp	12.6%+2.1pp
Return on invested capital	-30.4%-39.8pp	-29.3%-37.6pp	-22%-30.2pp	4.9%-3.0pp	9.3%+1.7pp
Efficiency
Asset turnover	2.4×+0.4×	2.4×+0.5×	2.3×+0.3×	2.1×+0.2×	2×+0.1×
Liquidity
Current ratio	1.1×0.0×	1.1×0.0×	1.1×0.0×	1.1×-0.1×	1.1×-0.1×
Leverage
Debt-to-equity	0.8×+0.1×	0.9×+0.2×	0.8×+0.2×	0.6×0.0×	0.7×0.0×
Per Share
Book value per share	$43.24-22.8%	$40.46-19.8%	$42.65-18.2%	$55.53+7.8%	$56.04+11.8%
Valuation
Market capitalization	$16.1B-46.5%	$20.23B-33.9%	$17.52B-55.7%	$26.9B-24.0%	$30.12B-28.3%
Price / sales	0.1×-0.1×	0.1×-0.1×	0.1×-0.2×	0.2×-0.1×	0.2×-0.1×
Price / book	0.8×-0.3×	1×-0.1×	0.8×-0.6×	1×-0.3×	1.1×-0.5×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Centene.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Centene's profit margins?: Centene (CNC) runs a 98.7% gross margin and a -3.7% operating margin, with a -3.3% net margin.
Where do Centene's ratios come from?: Every ratio is computed from Centene's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.